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Alphabet bursts its balloon-powered internet plans | #GoogleGraveyard #Google #Loon

Alphabet bursts its balloon-powered internet plans | #GoogleGraveyard #Google #Loon | 21st Century Innovative Technologies and Developments as also discoveries, curiosity ( insolite)... | Scoop.it

Alphabet’s moonshot idea of beaming internet connectivity from giant balloons is floating back down to earth.

The Google parent company announced that it’s shutting down the Loon project because the business model is unsustainable.

First impressions: This digital art frame is amazing but flawed
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“The road to commercial viability has proven much longer and riskier than hoped,” said Astro Teller, who leads Alphabet’s experimental X lab, in a Thursday blog post. “So we’ve made the difficult decision to close down Loon.”

The ambitious venture aimed to deliver affordable internet access to unconnected, remote, and underserved areas.

 

Learn more / En savoir plus / Mehr erfahren:

 

https://www.scoop.it/topic/21st-century-innovative-technologies-and-developments/?&tag=Google+GraveYard

 

Gust MEES's insight:

Alphabet’s moonshot idea of beaming internet connectivity from giant balloons is floating back down to earth.

The Google parent company announced that it’s shutting down the Loon project because the business model is unsustainable.

First impressions: This digital art frame is amazing but flawed
Volume 0%
 
“The road to commercial viability has proven much longer and riskier than hoped,” said Astro Teller, who leads Alphabet’s experimental X lab, in a Thursday blog post. “So we’ve made the difficult decision to close down Loon.”

The ambitious venture aimed to deliver affordable internet access to unconnected, remote, and underserved areas.

 

Learn more / En savoir plus / Mehr erfahren:

 

https://www.scoop.it/topic/21st-century-innovative-technologies-and-developments/?&tag=Google+GraveYard

 

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26 reasons Google created Alphabet

26 reasons Google created Alphabet | 21st Century Innovative Technologies and Developments as also discoveries, curiosity ( insolite)... | Scoop.it
A is for Alphabet, which is about to become the biggest tech company most people have never heard of.


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http://www.scoop.it/t/21st-century-innovative-technologies-and-developments/?tag=Alphabet


Gust MEES's insight:
A is for Alphabet, which is about to become the biggest tech company most people have never heard of.


Learn more / En savoir plus / Mehr erfahren:


http://www.scoop.it/t/21st-century-innovative-technologies-and-developments/?tag=Alphabet


Mous Diack's curator insight, August 11, 2015 1:49 AM
A is for Alphabet, which is about to become the biggest tech company most people have never heard of.

 

Learn more / En savoir plus / Mehr erfahren:

 

http://www.scoop.it/t/21st-century-innovative-technologies-and-developments/?tag=Alphabet

 

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Google Creates Parent Company Called Alphabet in Restructuring | Megalomania?

Google Creates Parent Company Called Alphabet in Restructuring | Megalomania? | 21st Century Innovative Technologies and Developments as also discoveries, curiosity ( insolite)... | Scoop.it
Google Inc. on Monday said it will create a new company called Alphabet, which will be the parent of Google, with Sundar Pichai becoming CEO of Google and Larry Page running the new company.

Shares of Google increased about 4% in recent after-hours trading.

According to a regulatory filing with a letter from Chief Executive Larry Page, Alphabet will be “a collection of companies,” the largest of which will be Google. Mr. Page will be Alphabet’s chief executive, with Google co-founder Sergey Brin as president and Eric Schmidt as executive chairman.

Mr. Pichai, who previously was in charge of product and engineering for Google’s Internet businesses, will now become chief executive of Google.

“It is clear to us and our board that it is time for Sundar to be CEO of Google,” Mr. Page said in the letter, noting that Mr. Pichai “has really stepped up since October of last year, when he took on product and engineering responsibility for our Internet businesses.”
Gust MEES's insight:

Google Inc. on Monday said it will create a new company called Alphabet, which will be the parent of Google, with Sundar Pichai becoming CEO of Google and Larry Pagerunning the new company.

Shares of Google increased about 4% in recent after-hours trading.

According to a regulatory filing with a letter from Chief Executive Larry Page, Alphabet will be “a collection of companies,” the largest of which will be Google. Mr. Page will be Alphabet’s chief executive, with Google co-founder Sergey Brin as president and Eric Schmidt as executive chairman.

Mr. Pichai, who previously was in charge of product and engineering for Google’s Internet businesses, will now become chief executive of Google.

“It is clear to us and our board that it is time for Sundar to be CEO of Google,” Mr. Page said in the letter, noting that Mr. Pichai “has really stepped up since October of last year, when he took on product and engineering responsibility for our Internet businesses.”


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Google wird zu Alphabet

Google wird zu Alphabet | 21st Century Innovative Technologies and Developments as also discoveries, curiosity ( insolite)... | Scoop.it
Der bisherige Google-Konzern hat den Umbau zur neuen Alphabet-Holding vollzogen. COMPUTER BILD erklärt den Superkonzern von A bis Z.
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Der bisherige Google-Konzern hat den Umbau zur neuen Alphabet-Holding vollzogen. COMPUTER BILD erklärt den Superkonzern von A bis Z.


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Neue Holding Alphabet: Google-Gründer bauen Konzern um | Megalomania?

Neue Holding Alphabet: Google-Gründer bauen Konzern um | Megalomania? | 21st Century Innovative Technologies and Developments as also discoveries, curiosity ( insolite)... | Scoop.it
Google wird umgekrempelt: Die neugegründete Holding Alphabet soll es verschiedenen Unternehmenssparten ermöglichen, unabhängiger voneinander zu arbeiten. Alle Google-Aktien werden in die gleiche Zahl von Alphabet-Aktien umgewandelt.
Gust MEES's insight:

Google wird umgekrempelt: Die neugegründete Holding Alphabet soll es verschiedenen Unternehmenssparten ermöglichen, unabhängiger voneinander zu arbeiten. Alle Google-Aktien werden in die gleiche Zahl von Alphabet-Aktien umgewandelt.


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